WHUT (Howard University Television)
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Jan 17, 2013
01/13
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the goal is to overcome the negative impact of the strong yen and deflation and to create a strong economy with growth and jobs and income. now, on the other hand, the council states the government needs to achieve the primary balance by reducing the deficit to half by the fiscal year of 2015, but the draft did fall short of setting a specific limit on the issuance of government bonds to finance the budget as the previous administration turned democratic party did. it only urges the government to keep bond issues to a minimum. >>> well, executives at struggling chipmaker electronic says they need to slash the workforce further. they are planning a 10% staff cut through a voluntary retirement program. renesas is one of the largest suppliers of microcontroller chips. the managers told the company's labor union they will offer early retirement to about 3,000 employees aged 40 and older. the plan is part of restructuring efforts put in place after the company reached a deal on a rescue package with investors. the deal will allow renesas to receive $2.3 billion from the state-backed fund as wel
the goal is to overcome the negative impact of the strong yen and deflation and to create a strong economy with growth and jobs and income. now, on the other hand, the council states the government needs to achieve the primary balance by reducing the deficit to half by the fiscal year of 2015, but the draft did fall short of setting a specific limit on the issuance of government bonds to finance the budget as the previous administration turned democratic party did. it only urges the government...
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Jan 16, 2013
01/13
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KCSMMHZ
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the decline is due to the slowdown of the global economy, stemming from the european debt crisis. the country's rising labor costs also reduced the merits of setting up factories there. another factor, the sluggish pace of investments from japan. bilateral relations soured over the disputed islands in the east china sea. analysts say china needs to improve investment environment to boost foreign capital, which the country's leaders believe is indispensable for stable economic growth. >>> japan's two major oil firms together with a state-backed bank, will set up a joint company to run large scale power generation or mega solar facilities. executives of cosmo oil, showa shell sekiyu and development bank of japan group will create the new company at the end of the month. each of the three entities will invest in the eight mega facilities nationwide. they hope to begin solar-powered generation by the end of the year. the new facilities will have a capacity of generating a total of 26 mega watts, enough to supply 7,000 households.watts, supply 7,000 households. the generator power will
the decline is due to the slowdown of the global economy, stemming from the european debt crisis. the country's rising labor costs also reduced the merits of setting up factories there. another factor, the sluggish pace of investments from japan. bilateral relations soured over the disputed islands in the east china sea. analysts say china needs to improve investment environment to boost foreign capital, which the country's leaders believe is indispensable for stable economic growth....
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Jan 17, 2013
01/13
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the latest assessment of the economy is largely unchanged. the central bank released its economic report on wednesday. the report is based on surveys in 12 federal reserve districts. manufacturing activities are mixed while employment conditions are relatively unchanged from the previous report in november. holiday sales were modestly higher than in 2011 although the figures were below expectations. the overall sassessment is generally positive. it says firms doing business in europe are those in the defense sector might delay hiring workers and that consumers may reduce spending. it's time to get a check on the markets now. let's take a look at the currency market. the dollar is trading above the mid 88 yen level. tokyo traders are seeing a halt in the yen's gain. this follows recent cautious remarks from cabinet ministers about a weak yen. the euro is higher against the yen. tokyo share prices are higher today. the nikkei average is at 106,872 106,872. market participants say the yen's pull back prompted investors to buy up export related i
the latest assessment of the economy is largely unchanged. the central bank released its economic report on wednesday. the report is based on surveys in 12 federal reserve districts. manufacturing activities are mixed while employment conditions are relatively unchanged from the previous report in november. holiday sales were modestly higher than in 2011 although the figures were below expectations. the overall sassessment is generally positive. it says firms doing business in europe are those...
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Jan 15, 2013
01/13
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KRCB
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since 2003, the economy has been steadily growing. but most of that growth hinges on mining copper and other raw materials. and this concerns jakamba. >> we are used to buy things, supplying raw materials to the western world. then we receive finished products. why don't we have finished products ourselves and export to the rest of the world? >> reporter: to get his business growing, chikamba hired ten young people. two years later, they came out with a product that's caught on big in zambia. it's called a bicycle with a long covered. many hospitals in zambia can't afford a truck. so it's in big demand. but chikamba had another idea, to make a bicycle using material that grows locally, bamboo. >> it's a bit of a product. we have excess in africa. coming to a point to convert it to a bike, it's something that's a novelty. it's unique. >> reporter: bamboo in zambia is very durable. its thickness is just right for bicycle frames. once the bamboo dries out, workers cut it. then they join it. next, they bind it several times. after the res
since 2003, the economy has been steadily growing. but most of that growth hinges on mining copper and other raw materials. and this concerns jakamba. >> we are used to buy things, supplying raw materials to the western world. then we receive finished products. why don't we have finished products ourselves and export to the rest of the world? >> reporter: to get his business growing, chikamba hired ten young people. two years later, they came out with a product that's caught on big...
WHUT (Howard University Television)
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Jan 18, 2013
01/13
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WHUT
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he has promised to pull japan out of deflation and revitalize the economy. and he wants to reinforce ties with countries considered to be engines of growth. abe had hoped to make washington his first foreign visit. but u.s. officials couldn't find time because of president obama's inauguration. still, abe wants to visit as soon as possible. he says the alliance is the foundation of japanese security in an increasingly difficult environment. japanese and american diplomats have been struggling to agree on how to relocate a u.s. military base in okinawa. they've run into strong opposition from residents. on top of that, the americans have been pressuring the japanese to start talks on a free trade agreement. farmers and lobby groups are urging abe not to join the transpacific partnership. many wonder how abe will balance these pressures as we tries to achieve his goals. >>> foreign diplomats are still trying to find out what happened after troops mounted a rescue operation at a gas plant in algeria. islamist militants took dozens of workers earlier in the week
he has promised to pull japan out of deflation and revitalize the economy. and he wants to reinforce ties with countries considered to be engines of growth. abe had hoped to make washington his first foreign visit. but u.s. officials couldn't find time because of president obama's inauguration. still, abe wants to visit as soon as possible. he says the alliance is the foundation of japanese security in an increasingly difficult environment. japanese and american diplomats have been struggling...
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Jan 15, 2013
01/13
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KCSMMHZ
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abe is out of inflation and revitalize the economy. way is with the $150 billion package which people steam support. >> translator: i support the abe administration because tock prices and the currency exchange are doing better. >> translator: changing the government always caused the yen to weaken. it might not last so long. >> translator: our company didn't do well last year. i hope the economic climate would improve. >> people also seem happier with the way the cabinets stack up against others. voters were disappointed with the ruling party. the dpj promised change when they took power, but many felt they didn't deliver. >> now you have been covering politics for years in japan. you know better than anyone how approval ratings fall overtime. it was interesting to hear the lady saying it may not last so long. how will abe be able to support this popularity? >> he knows economic recovery is a priority and he will need to focus on this. the prime minister wants to head into this summer's upper house election in a strong position. his l
abe is out of inflation and revitalize the economy. way is with the $150 billion package which people steam support. >> translator: i support the abe administration because tock prices and the currency exchange are doing better. >> translator: changing the government always caused the yen to weaken. it might not last so long. >> translator: our company didn't do well last year. i hope the economic climate would improve. >> people also seem happier with the way the...
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124
Jan 18, 2013
01/13
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KCSMMHZ
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he has promised to pull japan out of deflation and revitalize the economy. and he wants to reinforce ties with countries considered to be engines of growth. abe had hoped to make washington his first foreign visit. but u.s. officials couldn't find time because of president obama's inauguration. still, abe wants to visit as soon as possible. he says the alliance is the foundation of japanese security in an increasingly difficult environment. japanese and american diplomats have been struggling to agree on how to relocate a u.s. military base in okinawa. they've run into strong opposition from residents. on top of that, the americans have been pressuring the japanese to start talks on a free trade agreement. farmers and lobby groups are urging abe not to join the transpacific partnership. many wonder how abe will balance these pressures as he tries to achieve these goals. nhk world. >>> four days of anti-government protests in pakistan have come to an end. patchari raksawong joins us from bangkok with an update on the situation. patchari, good evening. >> good
he has promised to pull japan out of deflation and revitalize the economy. and he wants to reinforce ties with countries considered to be engines of growth. abe had hoped to make washington his first foreign visit. but u.s. officials couldn't find time because of president obama's inauguration. still, abe wants to visit as soon as possible. he says the alliance is the foundation of japanese security in an increasingly difficult environment. japanese and american diplomats have been struggling...
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Jan 17, 2013
01/13
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KCSMMHZ
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the goal is to overcome the negative impact of the strong yen and deflation and to create a strong economy with growth in jobs and income. on the other hand, the council states the government needs to achieve the primary balance by reducing the deficit to half by fiscal 2015. but the draft fell short of setting a specific limit on the issuance of japanese government bonds to finance the budget, as the previous administration of the democratic party did. it only urges the government to keep bond issues to a minimum. >>> executives at struggling chipmaker renesas electronics say they need to slash their workforce even further. they're planning a 10% staff cut through a voluntary retirement program. renesas is one of the world's largest suppliers of microcontroller chips. managers told the company's labor union that they'll offer early retirement to about 3,000 employees aged 40 and older. the plan is part of restructuring efforts put in place after the company reached a deal on a rescue package with investors. the deal will allow renesas to receive about $2.3 billion from a state-backed fund
the goal is to overcome the negative impact of the strong yen and deflation and to create a strong economy with growth in jobs and income. on the other hand, the council states the government needs to achieve the primary balance by reducing the deficit to half by fiscal 2015. but the draft fell short of setting a specific limit on the issuance of japanese government bonds to finance the budget, as the previous administration of the democratic party did. it only urges the government to keep bond...